Seven charts that show how the developed world is losing its edgeThe gap between rich and poor nations narrows as the sources of dynamism in high-income economies slow, writes Martin WolfThe next crash risk is hiding in plain sightSometimes the ticking time bomb is in corners of the system that seem dull and safeFix the roof while the sun is shining on the global economyNow a recovery is under way economies need to deleverageCentral bankers face a crisis of confidence as models failThe new masters of the universe are struggling to understand what makes a modern economy tick and their actions could prove harmfulTen years on, the crisis leaves a dark legacyThe legitimacy of capitalism was undercut, and is unsteady stillUnusual times call for unusual strategies from central banksPolitically motivated objections to policies could cause great harmMore from this SeriesHow big is the risk of another Black Monday equities crash?Thirty years on, the market is different but has similar characteristics, from high valuations to trading strategies that could accelerate a sell-offGlobal debt woes are building up to a tidal waveBorrowing in the US is at record highs but the phenomenon is a far wider problemThe US must work on its economic relationship with ChinaGlobal co-operation matters more than short-term gainThe challenges of a disembodied economyPolicymakers must reckon with a world in which companies invest in intangible assetsBolder rethinking needed on macroeconomic policyTop economists need to dig deeper after policy failures of past decadeWhatever happened to secular stagnation?Global economic growth: what could possibly go wrong? Premium contentPolicymakers should not get in the way of an economy’s ability to self-healUS invests too little, not too much in ChinaWith similar barriers to entry, EU investment in China has grown more rapidlyThe pendulum swings between globalisation and nation stateThis time it is the richest countries that are seeking the safety of their borders
Seven charts that show how the developed world is losing its edgeThe gap between rich and poor nations narrows as the sources of dynamism in high-income economies slow, writes Martin WolfThe next crash risk is hiding in plain sightSometimes the ticking time bomb is in corners of the system that seem dull and safeFix the roof while the sun is shining on the global economyNow a recovery is under way economies need to deleverageCentral bankers face a crisis of confidence as models failThe new masters of the universe are struggling to understand what makes a modern economy tick and their actions could prove harmfulTen years on, the crisis leaves a dark legacyThe legitimacy of capitalism was undercut, and is unsteady stillUnusual times call for unusual strategies from central banksPolitically motivated objections to policies could cause great harmMore from this SeriesHow big is the risk of another Black Monday equities crash?Thirty years on, the market is different but has similar characteristics, from high valuations to trading strategies that could accelerate a sell-offGlobal debt woes are building up to a tidal waveBorrowing in the US is at record highs but the phenomenon is a far wider problemThe US must work on its economic relationship with ChinaGlobal co-operation matters more than short-term gainThe challenges of a disembodied economyPolicymakers must reckon with a world in which companies invest in intangible assetsBolder rethinking needed on macroeconomic policyTop economists need to dig deeper after policy failures of past decadeWhatever happened to secular stagnation?Global economic growth: what could possibly go wrong? Premium contentPolicymakers should not get in the way of an economy’s ability to self-healUS invests too little, not too much in ChinaWith similar barriers to entry, EU investment in China has grown more rapidlyThe pendulum swings between globalisation and nation stateThis time it is the richest countries that are seeking the safety of their borders
